6 Small & Micro Cap Industrials on the Move in September

October 10, 2023

Stock markets globally retreated in September as news of inflation and economic figures continued to disappoint. Small and micro cap companies underperformed their large cap counterparts as is often the case in risk-off environments. Small industrials underperformed the broader market with the S&P/ASX Small Industrials Accumulation Index down 5.4% for the month. This compared to the S&P/ASX Small Resources index, which was down just 1.2%.

Regardless, a number of small and micro cap industrial stocks weathered the downturn and continued to head higher with a number of names witnessing significant gains. In this month’s edition of Movers & Shakers, we take a look at six companies that bucked the trend.